THE NALANDA TRUST

Registered charity 801632 · accounts filings on the Charity Commission register · also known as NORTH LONDON BUDDHIST CENTRE

The North London Buddhist Centre offers courses and classes in Meditation, Buddhism, Yoga and other activities to promote health, happiness and well-being. Its aim is to develop a Buddhist practice community in the city relevant to our lives in the 21st Century.It is part of an international network of the Friends of the Western Buddhist Order, which has over 80 centres world-wide.

Causes: Religious Activities · website · Get email alerts

Latest income

£311k

Latest spending

£303k

Registered

1989

Accounts read

FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity ended the year with a deficit of approximately £45,594, driven by unexpected premises costs and payroll arrears. Per the trustees' report, unrestricted reserves fell to £24,082, which is below the stated policy target of three months' expenditure, though the trustees maintain sufficient cash flow and plan to rebuild reserves over the next 18 to 24 months.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves position: below the charity's own stated reserves policy (held: £24k; policy: three months of unrestricted expenditure)

“Expenditure in 2024 was £306,923 and so the level of unrestricted reserves was 1 month. In order to ensure the charity has sufficient funds to take into account unforeseen events the trustees deem that 3 months expenditure is required as a general reserve.” — page 7

Per its FY2024 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Funders the charity credits

Named as funders/supporters on the charity’s own website (the charity’s claim, distinct from accounts-verified grants).

Nalanda Trust — “Nalanda Trust Charity reg. 801632” (source page)

Trustees · trustee networks

Ksantikara Alexander Greenchair · trustee of 2 other charities
Carolyn Wagstaff
David Breen
Eve Lear
JOHN ROBIN COOPER
Jonathan Turnbull
Michael Ward
Sara Elizabeth Burns
Sharon Margaret Reed

Trustee list from the Charity Commission register (current, not historical).

Operates in: Camden · Haringey · Islington

Income and spending

Financial year end	Income	Spending
31/12/2025	£311k	£303k
31/12/2024	£261k	£307k
31/12/2023	£317k	£242k
31/12/2022	£206k	£205k
31/12/2021	£151k	£155k

Common questions

Is THE NALANDA TRUST financially healthy?

Per its FY2024 accounts: The accounts state that the charity ended the year with a deficit of approximately £45,594, driven by unexpected premises costs and payroll arrears. Per the trustees' report, unrestricted reserves fell to £24,082, which is below the stated policy target of three months' expenditure, though the trustees maintain sufficient cash flow and plan to rebuild reserves over the next 18 to 24 months. Its FY2024 accounts were independently examined.

Who funds THE NALANDA TRUST?

Funders whose own accounts filings name THE NALANDA TRUST as a grant recipient include FUTURE DHARMA FUND.

Shared trustees with funders

Register facts shown side by side: a person serves as trustee of both this charity and a funder whose accounts record grants to it. Shared trusteeship is lawful and common; well-run charities manage it through declared-interest procedures.

Ksantikara Alexander Green — trustee here and at FUTURE DHARMA FUND

Known funders

Grants to this charity found in funders’ own accounts filings.

Funder	Year	Amount	Purpose (as stated by the funder)
FUTURE DHARMA FUND	FY2021	£2k	Diversity project